Capitalism is called a free-market economy because
A the central government owns most businesses
B it depends on lack of trade
C producers compete freely for consumers business
D it does not rely on competition

Discuss how the rise of capitalism led to the development of communism. I put: • Capitalism was where individuals and business firms would carry out all factors of production and trade. The owners would control the prices of their …

Definitions for Government: Communism, Nazism, Democracy, Fascism, Bureaucracy, Socialism, Capitalism. You have 2 cows. The government takes both of them and gives you part of the milk. ( Communism ) You have 2 cows. The government …

im learning about economics and the meaning of 3 economic systems traditional, command, market traditional i undestand as peooples ecomonic passed down from previoius generations, traditions decide what theses people do for a living …

The idea that social and economic inequalities must be to the greatest benefit of the least-advantaged members of society is called: capitalism. communism. socialism. the difference principle. socialism?

In addition to the factors in the box, industrialization requires ___ [People with strong managerial skills Capital for invesment in industry many new graduates searching for jobs] a. access to plentiful natural resources <---?